There appears to be no endgame in sight after four-and-a-half years… — Observer Research Foundation

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There appears to be no endgame in sight after four-and-a-half years of fighting in Ukraine, with peace negotiations making no progress in 2026.

This brief explains that although the war is at an obvious deadlock, whether this 'escalate to de-escalate' approach can force a peaceful solution remains to be seen. But one thing is clear: the Russia-Ukraine war will end in an armistice or a peace agreement rather than a total victory for either side: https://www.orfonline.org/expert-speak/russia-ukraine-war-frozen-front-burning-hinterland